Mabilung Energy Limited will open its Initial Public Offering (IPO) for the general public from Shrawan 26 to Shrawan 29, 2082.
Mabilung Energy Limited has announced that it will issue a total of 12,48,904 shares to the general public in the second phase of its IPO subscription. The shares are priced at Rs. 100 per unit. The company had received approval from the Securities Board of Nepal (SEBON) on Asar 1 to issue a total of 18,90,530 shares.
In the first phase, the company had already issued 3,85,824 shares to project-affected local residents and 1,50,471 shares to Nepalis working abroad. These shares have been allotted.
From the remaining 13,54,235 shares, 75,236 shares have been reserved for mutual funds, and 30,095 shares for company employees. The remaining 12,48,904 shares are now available for subscription by the general public.
Applications for the IPO can be submitted until Shrawan 29, 2082.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
Mabilung Energy to Open IPO for General Public from Shrawan 26
